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Cumulus Media Q2 2024 Earnings Report

Cumulus Media logo
$0.75 +0.02 (+2.18%)
(As of 12/20/2024 05:16 PM ET)

Cumulus Media EPS Results

Actual EPS
-$0.68
Consensus EPS
-$0.49
Beat/Miss
Missed by -$0.19
One Year Ago EPS
-$0.06

Cumulus Media Revenue Results

Actual Revenue
$204.85 million
Expected Revenue
$206.00 million
Beat/Miss
Missed by -$1.15 million
YoY Revenue Growth
N/A

Cumulus Media Announcement Details

Quarter
Q2 2024
Time
Before Market Opens
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Cumulus Media Earnings Headlines

The Rome Empire Expands Again
Wall Street Icon: “You must get on the right side of this thing”
I created one of the first quantitative analysis-based stock picking systems long before "quants" became a thing on Wall Street… leading Forbes to call me "King of the Quants." I'm writing to you today because my system has recently uncovered a market phenomenon I haven't seen in 30 years.
Cumulus Media Inc Class A
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About Cumulus Media

Cumulus Media (NASDAQ:CMLS), an audio-first media company, owns and operates radio stations in the United States. It owns and operates stations in various markets, as well as affiliated stations through Westwood One. The company's content portfolio includes sports, news, talk, and entertainment programming from various brands, including the NFL, the NCAA, the Masters, CNN, AP News, the Academy of Country Music Awards, and other partners. In addition, the company provides digital marketing services, such as email marketing, geo-targeted display and video solutions, website and microsite building, hosting, social media management, reputation and listing management, and search engine marketing and optimization; influencers, audio solutions, research and insights, and live event services; and advertising performance guarantee services. The company serves advertisers through broadcast and on-demand digital, mobile, social, and voice-activated platforms. Cumulus Media Inc. was founded in 2002 and is based in Atlanta, Georgia.

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